Sec Form 3 Filing - Moroz Mark Michael @ Live Oak Bancshares, Inc. - 2025-05-01

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Moroz Mark Michael 2. Issuer Name and Ticker or Trading Symbol Live Oak Bancshares, Inc. [ LOB] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Banking Officer (Last) (First) (Middle) 1741 TIBURON DRIVE 3. Date of Earliest Transaction (MM/DD/YY) 05/01/2025 (Street) WILMINGTON, NC28403 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Voting Common Stock 7,307 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Stock Units ( 2 ) ( 1 ) ( 1 ) Voting Common Stock 4,000 D Restricted Stock Units ( 2 ) ( 3 ) ( 3 ) Voting Common Stock 3,160 D Restricted Stock Units ( 2 ) ( 4 ) ( 4 ) Voting Common Stock 8,488 D Restricted Stock Units ( 2 ) ( 5 ) ( 5 ) Voting Common Stock 9,013 D Restricted Stock Units ( 2 ) ( 6 ) ( 6 ) Voting Common Stock 9,264 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Moroz Mark Michael 1741 TIBURON DRIVE WILMINGTON, NC28403 Chief Banking Officer Signatures /s/ Jonathan A. Greene, By Power of Attorney 05/12/2025 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The restricted stock units ("RSUs") will vest on February 22, 2026, subject to the reporting person's continuous service to Live Oak Bancshares, Inc. (the "Company") or a related entity on such date. ( 2 )Each RSU represents a contingent right to receive one share of the Company's voting common stock. ( 3 )1,580 of the RSUs will vest on each of February 17, 2026 and February 16, 2027, subject to the reporting person's continuous service to the Company or a related entity on such date. ( 4 )2,829 of the RSUs will vest on each of December 9, 2025 and 2027 and 2,830 of the RSUs will vest on December 9, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date. ( 5 )2,253 of the RSUs will vest on each of February 12, 2026 and 2027 and February 14, 2028 and 2,254 of the RSUs will vest on February 12, 2029, subject to the reporting person's continuous service to the Company or a related entity on such date. ( 6 )1,852 of the RSUs will vest on February 10, 2026 and 1,853 of the RSUs will vest on each of February 10, 2027 and 2028, February 12, 2029 and February 11, 2030, subject to the reporting person's continuous service to the Company or a related entity on such date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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